$BTC is forming an interesting pattern , it has already broken down, and now we’re at a critical point.

Two scenarios from here:
• Bearish retest in progress:
**As long as it doesn’t break out, this is just another rejection, and we likely head back to the lows.**
• Higher low formation:
**If price forms a higher low, it increases the probability that the bottom is in.**
• Bullish reclaim / breakout:
**If it breaks out from here, we could see a move toward 76K or higher.**
For now, 4H and 1H timeframes still look bearish, so keep both possibilities open and let the reaction confirm the next move.